Bonds and cash: How we invest

Flexible, disciplined and rigorous

Our team
Managed by a team of over thirty specialists, our fixed income funds invest across the full market spectrum. We have portfolios focusing on government, high yield and emerging market bonds.

A range of approaches
Our clients have a choice of approaches for bond and cash investments, including:

• Defensive  This approach aims at protecting capital and delivering a dependable income.

• Strategic  The asset mix in portfolios is flexible, adjusted according to economic and market conditions.

• Absolute return portfolios  These portfolios make use of new European investment rules (UCITS III) to generate low volatility and performance as good as or better than cash. They are not available in all countries.

How we make investment decisions
We form a team view on the potential of each investment idea and type of asset, based on the expertise of our fund managers as well as rigorous quantitative analysis. We take account of current credit trends and use quantitative analysis to identify the most - and least - promising sectors.